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The Finance Ministry’s 10 goals and challenges in 2023 | eKathimerini.com

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The Finance Ministry’s 10 goals and challenges in 2023 | eKathimerini.com

Prudent fiscal administration and the most effective use of accessible funds will permit Greece to face unsure occasions successfully and obtain investment-grade standing, which is the central nationwide purpose for 2023, Finance Minister Christos Staikouras has advised the Athens-Macedonian Information Company (AMNA). 

The ministry has set 10 objectives for the Greek financial system, Staikouras mentioned, outlining them as follows: Securing the present fiscally accountable perspective; implementing interventions to handle the financial repercussions of multilevel crises; persevering with and boosting tax reduction for households and companies (primarily for the center class); supporting residents’ disposable revenue; boosting social housing and the housing market; persevering with to implement structural reforms; front-loaded exploitation of Restoration and Resilience Fund sources and executing the Public Investments Program as successfully as potential; managing the excessive, accrued personal debt, and limiting the hazard of making new debt following external-related crises; boosting nationwide protection; and actively taking part in formulating a brand new European financial construction, as Greece has been doing the final three-and-a-half years. 

“The daybreak of the brand new 12 months finds the worldwide financial system dealing with a number of and vital challenges,” Staikouras famous. 

“These challenges largely consequence from multilevel exterior crises from final 12 months that handed to the current, in addition to from a worldwide flip in direction of extra restrictive fiscal and financial insurance policies,” he added. 

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Greece is beginning 2023 on extra favorable phrases in comparison with different European international locations, because it has proven excessive resilience, a constructive course and favorable prospects, Staikouras mentioned, pointing to the fundamental indexes. 

The nation is popping the web page on a painful decade of financial disaster, and is “being known as upon to additional capitalize on these achievements and overcome previous and new challenges,” Staikouras advised the company.

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Transwarranty Finance Q4 results : profit at ₹2.73Cr, Revenue increased by 166.66% YoY

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Transwarranty Finance Q4 results : profit at  ₹2.73Cr, Revenue increased by 166.66% YoY

Transwarranty Finance Q4 Results Live : Transwarranty Finance declared their Q4 results on 02 May, 2024. The topline increased by 166.66% & the profit came at 2.73cr.

It is noteworthy that Transwarranty Finance had declared a loss of 6cr in the previous fiscal year in the same period.

As compared to the previous quarter, the revenue grew by 68.98%.

The Selling, general & administrative expenses rose by 12.53% q-o-q & increased by 13.69% Y-o-Y.

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The operating income was up by 7726.27% q-o-q & increased by 154.53% Y-o-Y.

The EPS is 0.98 for Q4, which increased by 148.87% Y-o-Y.

Transwarranty Finance has delivered 0% return in the last 1 week, 24.19% return in the last 6 months, and -6.85% YTD return.

Currently, Transwarranty Finance has a market cap of 56.46 Cr and 52wk high/low of 15.5 & 8.25 respectively.

Transwarranty Finance Financials
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Period Q4 Q3 Q-o-Q Growth Q4 Y-o-Y Growth
Total Revenue 5.12 3.03 +68.98% 1.92 +166.66%
Selling/ General/ Admin Expenses Total 1.16 1.03 +12.53% 1.02 +13.69%
Depreciation/ Amortization 0.13 0.12 +9.2% 0.12 +1.13%
Total Operating Expense 2.42 3.07 -21% 6.87 -64.74%
Operating Income 2.7 -0.04 +7726.27% -4.95 +154.53%
Net Income Before Taxes 2.73 -0.36 +862.66% -6.01 +145.33%
Net Income 2.73 -0.36 +863.53% -6 +145.44%
Diluted Normalized EPS 0.98 -0.07 +1500% -2.01 +148.87%

FAQs

Question : What is the Q4 profit/Loss as per company?

Ans : ₹2.73Cr

Question : What is Q4 revenue?

Ans : ₹5.12Cr

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Published: 05 May 2024, 02:36 AM IST

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New Interim Finance Director Deal in the Works | South Pasadena Finance Dept. Pushing Through | The South Pasadenan | South Pasadena News

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New Interim Finance Director Deal in the Works | South Pasadena Finance Dept. Pushing Through | The South Pasadenan | South Pasadena News

Scott Miller, a retired municipal finance official with four decades in the field, is being considered to serve as South Pasadena’s new finance director on an interim basis, the South Pasadenan News has learned.

Although an agreement has not been signed or finalized, “we are working on it,” said Luis Frausto, Acting Deputy City Manager.

Miller would become the tenth person to manage the city’s volatile finance department since the departure of David Batt in March of 2018.

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CITY OF SOUTH PASADENA FINANCE DEPARTMENT PAST DIRECTORS

The administrative instability of the South Pasadena Finance Department began with the March 2018 departure of David Batt, who died later that year. He had previously served as Assistant Finance Director and Interim Finance Director as far back as 2007. Since his retirement, nine others have led the department under various titles. This chart was compiled using online City Council and Finance Commission agenda.
The administrative instability of the South Pasadena Finance Department began with the March 2018 departure of David Batt, who died later that year. He had previously served as Assistant Finance Director and Interim Finance Director as far back as 2007. Since his retirement, nine others have led the department under various titles. This chart was compiled using online City Council and Finance Commission agenda.

The news comes shortly after the city confirmed outgoing Finance Director John Downs, who  told the city last month he would retire May 2, has been persuaded to stay on “in a limited term capacity to assist with finalizing the fiscal year 2024-2025 budget,” Frausto said. Downs’ “role will transition from managing daily finance operations to focusing on specific projects, with the budget being his primary responsibility. We expect his contributions to extend at least through June.”

The city is currently scheduled to adopt the new budget June 5—a target that is looking increasingly less certain.

According to press reports, Miller was chief financial officer at the city of Beverly Hills for seven years through 2015, where he was credited with helping secure high ratings for the city from the three major credit rating agencies.

Miller then worked briefly as chief finance officer for Broward County, Florida and then with Urban Futures Inc., a local government service agency in California. In March 2016, he became interim chief financial officer for the city of Riverside, initially under a short term contract. Although he became a Riverside employee in early 2017, he left several months later. At the time, a Riverside city spokesman told a local publication he could not say if Miller’s departure from Riverside was a mutual decision.

Prior to joining Beverly Hills, Miller was employed by the city of Palm Desert, the city and county of San Francisco, the University of California–Berkeley and Turner Broadcasting System. He graduated from San Diego State University with a BA in psychology and minor in business administration and he holds a PhD in public administration from Arizona State University.

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Finance Minister Smotrich urges PM Benjamin Netanyahu to kick Turkey out of hostage deal talks

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Finance Minister Smotrich urges PM Benjamin Netanyahu to kick Turkey out of hostage deal talks

Finance Minister Bezalel Smotrich urged Prime Minister Benjamin Netanyahu to have Turkey removed from the ceasefire talks, in a letter published on Friday.

In the letter, Smotrich stated that he was surprised to have learned that representatives of Israel’s “antisemitic enemy Erdogan” are part of the peace talks, and that “Erdogan should be canceled, and any discussion or ties should be boycotted.”

To back his argument, Smotrich noted that Turkish President Recep Tayyip Erdogan has helped the spread of antisemitism and the hatred of Israel. Turkey joined the legal case against Israel at the International Court of Justice in Hague, and has cut financial ties with Israel. He also noted that the participation of the Turky’s representatives was held in secret from the cabinet.

Peace endangers Israel’s national security

TURKEY’S PRESIDENT Recep Tayyip Erdogan meets with Hamas leader Ismail Haniyeh, in Istanbul, earlier this month. Reports in the media suggested that this meeting was the result of a breakdown in relations between Hamas and Qatar. (credit: Turkish Presidential Press Office/Reuters)

Smotrich further stated the peace talks in Cairo were a “national humiliation,” which harms Israel’s national security and “endangers our existence.” The finance minister claimed that Erdogan had “chosen the terror side of radical Islam” and together with Iran and its proxies, they threaten the peace worldwide.

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He then claimed that Turkey’s participation in the peace talks provided Erdogan a form of redemption and international legitimacy, which are a “hard hit” to Israel’s national security.

“For a long time now we have been on a downward slope toward doom,” said the minister in the letter, saying that from feelings of victory, Israel is descending into defeat and surrender under Prime Minister Benjamin Netanyahu’s leadership.

Smotrich ended his letter begging Netanyahu to “stop! Just stop. Before it is too late.” He then asked him to “return Israel to the natural path of unrelenting war against its enemies, of bravery, of national pride and dignity.”



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